Clearly stipulate the conditions for individuals to practice land valuation consultancy.

On the morning of June 21, at the Government headquarters, Deputy Prime Minister Tran Hong Ha chaired a meeting to review and finalize the draft Decree regulating land prices.

Taking note of the opinions at the meeting, the Deputy Prime Minister noted that the Decree must ensure full legal basis, procedures, and records of training facilities, appraisers, consulting organizations, and land valuation when registering with state management agencies, specifically the processing time and publication on the electronic information portal of the Ministry of Natural Resources and Environment.

Reporting at the meeting, the leader of the Ministry of Natural Resources and Environment said that the draft Decree has absorbed and revised regulations on other expenses to ensure correctness and sufficiency according to the provisions of the law on construction.

Regarding individuals practicing land valuation consultancy, the Ministry of Natural Resources and Environment proposed to remove the regulation on granting Land Valuation Certificates to reduce administrative procedures and compliance costs; at the same time, clearly stipulate the conditions for individuals practicing land valuation consultancy, and the conditions for training and professional development facilities on land valuation.

The Ministry of Natural Resources and Environment is responsible for publicizing training and professional development facilities on land prices that have developed training and professional development plans on land prices; inspecting and checking compliance with regulations; building and managing a database of lists of land price consultancy organizations and valuers; inspecting and monitoring compliance with the law on land price consultancy by land price consultancy organizations and valuers.

Individuals who are granted a land valuation certificate that is still valid and is not subject to revocation will continue to practice land valuation during the remaining term of the land valuation certificate.

Individuals who have been granted a certificate of completion of a training course on land valuation but have not been granted a land valuation certificate but meet the requirements are allowed to practice land valuation consultancy.

This regulation ensures continuity, without interruption, congestion, or delay in land valuation work while waiting to comply with new requirements in the Decree.

Chairman of the Vietnam Valuation Association Nguyen Tien Thoa said that strict management regulations are needed to ensure the capacity and expertise of land valuation and consulting organizations; and to update knowledge for individuals practicing land valuation.

Opinions at the meeting suggested that the Ministry of Natural Resources and Environment supplement the legal and practical basis, adjust the drafting techniques in the clause allowing early implementation of the surplus method in land valuation in the Decree to ensure strictness and clarity in order to promptly resolve problems and difficulties affecting the progress of land valuation of current real estate projects that are still pending in localities due to the lack of a solution, affecting the state budget revenue and the development of the real estate market.

Regarding the procedure and content of determining land prices using the surplus method, experts also agree with the plan of the Ministry of Natural Resources and Environment in calculating financial costs, investor profits, and other costs according to the provisions of the law on construction that directly contribute to the project's development revenue.

Representatives of the Bidding Department, Ministry of Planning and Investment agreed with the regulations on organizing the implementation of land valuation to build land price lists according to the provisions of the law on bidding, assigning tasks in case a contractor cannot be selected.

The Ministry of Natural Resources and Environment has reviewed the consistency and uniformity between the Decree regulating land prices and the decrees guiding the implementation of the Land Law drafted by the Ministry of Natural Resources and Environment.

During the drafting process, each decree has made a report on the review of legal documents related to the draft in accordance with the provisions of the Law on Promulgation of Legal Documents. At the same time, the Ministry of Natural Resources and Environment has reviewed all drafting techniques of the Decree to ensure consistency, synchronization, and feasibility during the implementation process.